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Times: Governor Must Do More...

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Straight from the front page of the Forum:


The former deputy chairman of HBOS accused the Bank of England yesterday of failing to support British banks through the global credit crisis.

Sir Peter Burt, who was chief executive of Bank of Scotland before its merger with Halifax to create HBOS, told the BBC’s Today programme that the Bank risked sending Britain into a “depression” because of its worries over moral hazard.

Looks like HBOS are in the brown stuff after all.. I thought they were awash with liquidity :blink:

Anyway.. just a bit of squealing.

Edited by libspero

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  • 293 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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